2017 Economic Calendar
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Dallas Fed Mfg Survey  
Released On 3/27/2017 10:30:00 AM For Mar, 2017
PriorConsensusConsensus RangeActual
Production Index16.7 18.6 
General Activity Index24.5 22.0 20.0  to 25.3 16.9 

Highlights
The energy sector continues to come alive based on the Dallas Fed report where the general activity index came in at a very strong 16.9 in March with production at 18.6. These readings do point to less growth this month but compared against unusually strong readings in February. New orders are also solid, at 9.5 though unfilled orders are at flat, at 0.1. Delivery times are slowing which points to congestion in the supply chain while inventories are flat. Costs and prices both show continued though easing pressure. Continued optimism in the 6-month outlook is another feature of this report. But strength in regional reports really hasn't translated yet to similar strength in actual factory data out of Washington.

Consensus Outlook
The Dallas Fed general activity index has emerged from 2-1/2 years of deep contraction with surging strength that points to recovery for the energy sector. At a consensus 22.0 in March, forecasters see the general activity index holding on to the bulk its enormous February surge to 24.5.

Definition
The Dallas Fed Manufacturing Survey tracks factory activity in Texas on a monthly basis. Firms are asked whether output, employment, orders, prices and other indicators increased, decreased or remained unchanged over the previous month. Responses are aggregated into balance indexes where positive values generally indicate growth while negative values generally indicate contraction. About 100 manufacturers regularly participate in the survey.  Why Investors Care
 
 

2017 Release Schedule
Released On: 1/302/273/274/245/306/267/318/289/2510/3011/2712/26
Release For: JanFebMarAprMayJunJulAugSepOctNovDec
 


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